Gold And National Debt Have The Same Growth Rate

Aug. 06, 2024 9:16 AM ETGLD, GDX, US10Y1 Comment
Paul Wong
721 Followers

Summary

  • The growth rates for gold and national debt are the same, at about 8%.
  • As the expansion of treasuries continues with no limit, so will gold prices.
  • The narrow money expansion factor can improve the daily modeling of the gold price.
  • The dollar index and gold prices have an inverse relationship, with a weakening dollar potentially causing gold prices to rise.

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Introduction

This article is a follow-up supplement to my last writing 3 weeks ago.

The international US-led pure fiat monetary system has been in place since 1971. The system can work well if the base

This article was written by

721 Followers
As a geo-scientist with 35 year as a professional and executive in oil and gas companies to create value on projects through evaluation and valuation analysis. Currently I am doing stock market research, on topics such as gold and the dollar.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of GDX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

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